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Global Markets Decline, Oil and Commodity Prices Surge Amid Middle East Tensions and Iran Escalation Fears
BusinessReutersbloombergwsj+82FTle-mondewapoThe GuardianNPRAl JazeeraCNNFox News+74 more2mo ago85 sources

Global Markets Decline, Oil and Commodity Prices Surge Amid Middle East Tensions and Iran Escalation Fears

European and world stock markets, including Asian equities, are experiencing downward trends for the fifth consecutive week due to intensifying Middle East conflict, which has also caused oil prices to surge towards $117 per barrel and led to a rebound in soybean and corn prices, further fueled by fears of escalation in Iran.

Rally continues as KSE-100 advances over 2,000 points
BusinessDawn3mo ago

Rally continues as KSE-100 advances over 2,000 points

Pakistan’s benchmark KSE-100 index staged a strong recovery on Wednesday, rising more than 2,000 points by 10:55am as investor sentiment improved. The index climbed 1.33 per cent from its previous close of 156,177.12 points to reach 158,382.00 points in early trading. Trading activity was led by K-Electric Limited, which slipped 1.16pc to Rs7.64 on a volume of 21,973,154 shares. It was followed by The Bank of Punjab, which gained 3.70pc to Rs28.29 with 13,454,195 shares traded, and Cnergyico ...

KSE-100 rebounds past 157,800 in steady early trading
FinanceDawn3mo ago

KSE-100 rebounds past 157,800 in steady early trading

Pakistan’s benchmark KSE-100 index gained over 2,000 points by 10:30am on Thursday. The index was up 1.3 per cent from its previous close of 155,777.21 points, reaching 157,800.32 points during early trading. So far, the session has shown lower volatility than earlier trading days this week, with the market maintaining steady gains and experiencing only limited pullbacks. Trading activity has also remained healthy, with total volume recorded at 88,065,268 shares and a traded value of Rs5,947,...

Another meltdown at PSX as KSE-100 loses over 5,400 points
FinanceDawn3mo ago

Another meltdown at PSX as KSE-100 loses over 5,400 points

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 began another week on a low note, crashing more than 5,000 points during intraday trade on Monday. The development led to the market being suspended as per the protocol. The KSE-100 index declined 5,478.63 points, or 3.16 per cent, to stand at 167,691.08 points from the previous close of 173,169.71 points at 1:30pm. This marks at least the third major meltdown at the PSX in the past two weeks, with KSE-100 losing 5,149.80 points on F...

Pakistan Stock Exchange Rebounds from Selloff
Businessexpress-tribune10d ago

Pakistan Stock Exchange Rebounds from Selloff

The Pakistan Stock Exchange's KSE-100 index rebounded significantly, gaining over 800 points, driven by strong buying across banking, cement, automobile, and energy sectors after an earlier selloff.

Pakistan's KSE-100 Index Drops Over 1,000 Points
Businessexpress-tribune2mo ago

Pakistan's KSE-100 Index Drops Over 1,000 Points

Pakistan's benchmark KSE-100 stock index experienced a significant drop of over 1,000 points, with persistent selling pressure dominating the market. The index remains down 12% year-to-date amidst the decline.

KSE-100 drops over 4,300 points as volatility continues
BusinessDawn2mo ago

KSE-100 drops over 4,300 points as volatility continues

Pakistan’s benchmark KSE-100 index slipped 4,360.66 points by 1:10pm on Monday, marking a turbulent start to the week as selling pressure returned to the market. The index shed 2.83 per cent from its previous close of 153,866.16 points. So far in the session, it has touched an intraday high of 153,943.69 points and an intraday low of 149,385.39 points. The sharp decline comes after the index recorded its seventh consecutive week of losses, with geopolitical uncertainty and weak investor senti...

KSE-100 rebounds after early plunge
FinanceDawn3mo ago

KSE-100 rebounds after early plunge

Pakistan’s benchmark KSE-100 index rose modestly by 968.93 points, or 0.62 per cent, by 10:40am on Thursday after opening on a volatile note. Earlier in the session, the index had dropped more than 1,700 points by 9:55am before staging a recovery. So far, the index has recorded an intraday high of 156,837.83 points and a low of 153,503.70 points. The volatility comes in the wake of oil prices surging more than 9pc to break back above $100 a barrel after fresh Iranian strikes on supplies and i...

KSE-100 extends bullish momentum amid early volatility
FinanceDawn3mo ago

KSE-100 extends bullish momentum amid early volatility

Pakistan’s benchmark KSE-100 index was trading 381.98 points higher by 10:30am on Wednesday, extending the recovery seen a day earlier. The gain of 0.24 per cent from its previous close of 157,132.09 points suggests that investor confidence, while cautious, remains intact following a turbulent start to the week. On Tuesday, the market staged a sharp rebound of 5,159.10 points to close at 157,132.09, recovering a significant portion of Monday’s record 16,000-plus point plunge, the largest sing...

Pakistan Stock Exchange Rallies Over 700 Points
Businessexpress-tribune8d ago

Pakistan Stock Exchange Rallies Over 700 Points

The Pakistan Stock Exchange (PSX) experienced a significant rally, with the KSE-100 Index climbing over 700 points in mid-session trade. Bullish sentiment drove the index to 170,896.59, with trading volume exceeding 115 million shares.

Businessexpress-tribune11d ago

Pakistan Stock Exchange Sees Significant Drop

The Pakistan Stock Exchange experienced a notable downturn as the KSE-100 index lost over 2,000 points, with market sentiment weighed down by budgetary concerns and the absence of positive signals from the Strait of Hormuz.

Pakistan Stock Exchange Stages Robust Rally
Businessexpress-tribune24d ago

Pakistan Stock Exchange Stages Robust Rally

The Pakistan Stock Exchange (PSX) experienced a strong rally, with the KSE-100 index gaining over 1,000 points, fueled by easing oil prices and a pause in Middle East tensions.

Pakistan Stock Exchange Surges on Saudi Investment
Financeexpress-tribune1mo ago

Pakistan Stock Exchange Surges on Saudi Investment

The Pakistan Stock Exchange (PSX) surged by over 4,700 points, with the benchmark KSE-100 Index crossing 170,000 within minutes of opening. This significant market uplift is attributed to an influx of Saudi funds, boosting investor sentiment.

KSE-100 Index Jumps Over 4,000 Points in Broad Rally
Businessexpress-tribune2mo ago

KSE-100 Index Jumps Over 4,000 Points in Broad Rally

The KSE-100 index experienced a significant rally, climbing over 4,000 points, driven by notable buying interest across various sectors including autos, fertilisers, banks, cement, and oil. The overall trading volume reached 397 million.

KSE-100 surges over 9,300 points in early trade, market halt triggered
BusinessDawn3mo ago

KSE-100 surges over 9,300 points in early trade, market halt triggered

Pakistan’s benchmark KSE-100 index advanced 9,303.75 points, or 6.35 per cent, during early trading on Tuesday, triggering a temporary market halt after the sharp rally. Following the surge, trading was suspended in accordance with regulations of the Pakistan Stock Exchange (PSX), according to an official notice issued by the exchange. The notification stated that the halt was triggered after the KSE-30 index recorded a 5pc increase from the previous trading day’s close, activating the exchan...